Description
Job Overview:
The Senior Accountant uses best practices and knowledge of internal or external issues to improve the accounting discipline within McDermott. They will act as a resource for colleagues with less experience and share their conceptual and practical expertise related to the accounting discipline. The Senior Accountant solves complex problems and uses discipline-specific knowledge to improve their products or services. The Senior Accountant impacts a range of customers, operational, project, or service activities with the accounting team and other related teams and ensures that they work within the appropriate guidelines and policies.

Responsibilities
Key Tasks and Responsibilities:
- Coordinate between commercial/bids team and corporate treasury for the following
- Review and approval of bank guarantee text format for bid submission
- Arrange for any bank support letters from corporate treasury or bank as per the requirement
- Coordinate with Bid and Project Team
- Liaise with corporate treasury/bank for the Bank Guarantee issuance




- Reach out to prospect relationship banks for identifying opportunities for current credit lines
- Ensure regular updates and information is being shared with existing Banks for annual renewal of facility
- Maintain healthy banking relations with existing and resolving any issues with respect to receipt, payment, Bank Guarantees
- Prepare list of outstanding Bank Guarantee details with project, entity and the facility used on a monthly basis.
- Prepare Bank Guarantee forecast quarterly in consultation with the project teams and ensure timely internal reviews and submission to stakeholders
- Review and sign off the petty cash reimbursement claims from petty cashier(s) in line with company policies and procedures
- Review and sign of the treasury receipt journal monthly as per the SOX control requirement
- Ensure SOX compliances relating to treasury activities are handled as per company policy
- Ensure effective cash fl

📌 Senior Accountant (Chennai)
🏢 Lutech Resources
📍 Chennai